Shared Collateral Security Agreement definition
Examples of Shared Collateral Security Agreement in a sentence
Each Loan Party affirms the liens and security interests created and granted by it in the Loan Documents (including, but not limited to, the Shared Collateral Security Agreement and the Non-Shared Collateral Security Agreement) and agrees that this Amendment shall in no manner adversely affect or impair such liens and security interests.
The Grantor hereby confirms that, pursuant to the terms of the Shared Collateral Security Agreement, the Grantor has pledged and assigned to the Collateral Trustees for their benefit and in trust for the equal and ratable benefit of the Representatives and the Secured Holders, and has granted the Collateral Trustees for their benefit and in trust for the equal and ratable benefit of the Representatives and the Secured Holders a lien on, and security interest in, the Collateral described therein.
All communications and notices hereunder to the New Subsidiary Grantor shall be given to it in care of AWNA as set forth in the Shared Collateral Security Agreement.
Each Loan Party affirms the liens and security interests created and granted by it in the Loan Documents (including, but not limited to, the Shared Collateral Security Agreement and the Non-Shared Collateral Security Agreement) and agrees that neither this Amendment nor any of the transactions effected pursuant hereto shall in any manner adversely affect or impair such liens and security interests or the grants thereof.
Shared Collateral Security Agreement provides that additional Subsidiaries of the Borrower (other than BFI and Subsidiaries of BFI) may become Grantors under the Non-Shared Collateral Security Agreement by execution and delivery of an instrument in the form of this Supplement.